Rubber futures traded on the Shanghai Futures Exchange (SHFE) settled slightly higher on Tuesday (Aug. 19, 2014).
The most actively traded contract for January 2015 delivery ended at 14,980 yuan/metric yuan, up 0.6 percent from the previous settlement.
Analysts say the weak trend of Shanghai rubber is expected to continue in the near term upon the arrival of the traditional peak supply season of the commodity.
(Edited by Olivia, olivia@tireworld.com.cn)